Capitalab completes first compression run with SGX

Compression efficiency in SGX Nikkei 225 options could be as high as 50%, Capitalab says

A new compression service for Nikkei 225 options traded on the Singapore Exchange could deliver huge capital savings for market-makers.   

Capitalab conducted its first compression run with the SGX last week. The company, a unit of broker BGC, is the first to provide compression services for listed derivatives in Asia, and only the second to support compression of listed equity derivatives globally, after CME Group launched a multilateral compression service for S&P 500 options and E-mini S&P